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AMERICA ONLINE INC
(AOL-NYSE):
Technical Viewpoint: From a low
of $112.00 on Apr 19, 1999 prices
rallied, reaching a
high of $167 1/8
on Apr 27, 1999. A
decline saw prices pull back, reaching a
low of
$115.19 on May 7, 1999.
Another rally saw prices penetrate
resistance, closing 5/11/99
at $139 5/8. Technicals: Demand Index (DI): A Buy Alert!
was given on May 11, 1999 when the solid line crossed the dotted line to the upside.
Support: Remains at $117.00. Resistance: Is at $147.00.
Point & Figure: Reversed to the upside on May 10, 1999. A P&F upside
reversal takes place at $129.00. Summary: Technical indicators have turned bullish. BUY! AMERICA ONLINE INC
(AOL-NYSE) @ $140 1/2 Stop: Use a protective stop of $136 7/8.
AMERICA ONLINE INC is currently trading @ $139 5/8 plus $11.32 on May 11, 1999. Price Objective:
$204.00. Risk/Reward: $3 5/8 VS. $63 1/2. Today's Risk Reward Ratio: 17:1
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Three Part
Technical Chart
Daily Candle Stick Chart
Point & Figure Chart
Technical Study
View full size chart
Price Objective:
$204.00
Risk/Reward:
$3 5/8 VS. $63 1/2
Risk/Reward Ratio:
17:1
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